By (Reuters) - The S&P 500 and Dow Jones Industrial Average closed at record highs on Wednesday after the Fed predicted a fast economic recovery from the coronavirus pandemic and said it would maintain its interest rate at close to zero.It was the first time the Dow closed above 33,000 points.In its statement following its two-day policy meeting, the Federal Reserve projected a rapid jump in U.S. economic growth and inflation this year as the COVID-19 crisis winds down, and repeated its pledge to keep its target interest rate near zero for years to come.Wall Street extended gains after...…By (Reuters) - The S&P 500 and Dow Jones Industrial Average closed at record highs on Wednesday after the Fed predicted a fast economic recovery from the coronavirus pandemic and said it would maintain its interest rate at close to zero.It was the first time the Dow closed above 33,000 points.In its statement following its two-day policy meeting, the Federal Reserve projected a rapid jump in U.S. economic growth and inflation this year as the COVID-19 crisis winds down, and repeated its pledge to keep its target interest rate near zero for years to come.Wall Street extended gains after...WW…

By , (Reuters) - European stock markets were steady on Wednesday as a couple of takeover deals in the region helped offset worries about fresh lockdown measures to battle a surge in coronavirus cases.The pan-European STOXX 600 traded flat after opening slightly lower, helped by gains in retail and technology sectors.The benchmark index reclaimed late-February highs on Monday after encouraging COVID-19 vaccine updates from drugmaker Moderna and Pfizer last week.“A lot of good news has happened. Markets are looking for the next bit of good news, and it may be a little difficult at this time,”...…By , (Reuters) - European stock markets were steady on Wednesday as a couple of takeover deals in the region helped offset worries about fresh lockdown measures to battle a surge in coronavirus cases.The pan-European STOXX 600 traded flat after opening slightly lower, helped by gains in retail and technology sectors.The benchmark index reclaimed late-February highs on Monday after encouraging COVID-19 vaccine updates from drugmaker Moderna and Pfizer last week.“A lot of good news has happened. Markets are looking for the next bit of good news, and it may be a little difficult at this time,”...WW…